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RBS/NatWest – 2- Year BBR + 1.99% Tracker – Direct

RBS/NatWest – 2- Year BBR + 1.99% Tracker – Direct

Type: Tracker mortgage

Tracker term: Until November 30, 2012

Tracker rate: 1.99% above the Bank of England base rate

Payable rate: 2.49%

Minimum loan: £25,000

Maximum loan: Up to 60% of valuation subject to a maximum of £2m

Income multiples: Based on affordability

Conditions:  Capital repayments of up to 10% a year allowed without penalty in the tracker period, three months’ free mortgage loan guard premiums, £250 cashback

Arrangement fee: None

Redemption fee: 3% of the amount repaid in the first two years

Introducer’s fee: None




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